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Article: Clearwater River Dene Nation Signs Financial Agreement

La Loche, Saskatchewan (September25, 1998) - The Clearwater Dene Nation and the Department of Indian Affairs and Northern Development (DIAND) have signed a five year financial transfer agreement (FTA) worth $22.5 million. The FTA is a type of joint arrangement between the Federal government and the Clearwater River Dene Nation. Presently there have been 11 such cases among First Nations in Saskatchewan. The mission statement of both parties is "gathering strength"-Canada's Aboriginal Action Plan, "the federal government affirmed its commitment to develop new fiscal relationship that will enable First Nations to exercise increased autonomy and greater self - reliance " said the honorable Jane Stewart., Minister of Indian Affairs. The FTA became effective as of April 1, 1998 - March 31, 2003. The Clearwater River arrangement is expected to be in the proximity of $4.5 million dollars per year to deliver essential services. The Clearwater Nation has three reserves, one near La Loche, Saskatchewan and a third near Buffalo River Saskatchewan. It delivers services to approximately 494 members.